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Katena32 [7]
3 years ago
7

The employees of Vintage Clothes achieved all of the sales goals for 2017. Vintage decides to reward the employees with a bonus

of​ 20% on annual net​ income, after deducting the bonus. The net income before the calculation of the bonus is​ $312,000. What is the amount of the​ bonus? (Round your final answer to the nearest​ dollar.)
Business
1 answer:
Elza [17]3 years ago
7 0

Answer:

$52,000

Explanation:

Bonus is 20% on annual net​ income, after deducting the bonus.

Let the annual income after deducting bonus be g

Then,

Bonus = 20% of g

           = 0.2g

Annual income before bonus = annual income after bonus + bonus

312,000 = g + 0.2g

g = 312000/1.2

g = $260,000

Bonus = 0.2g

          = 0.2 × 260,000

          = $52,000

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lbvjy [14]

Answer:

d. The potential exists for agency conflicts between stockholders and managers.

Explanation:

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. What is a great system to manage money and prevent taking too much from one category? Please describe the
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I'm pretty sure the answer would be a budget? A good budget is a way you can keep track of your money. Like what you are spending it on in different categories (like bills, entertainment, food, etc) and how much money is being spent in each.

4 0
3 years ago
Consumption spending is $4.5 billion, gross private domestic investment is $3 billion, and government expenditures are $2 billio
masha68 [24]

Answer:

exports are $15 billion, and imports are $10.5 billion

Explanation:

GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP = Consumption + Investment spending + Government Spending + Net Export

14 billion = 4.5 billion + $3 billion + $2 billion + Net Export

Net Export = $4.5 billion

Net Export = export - import

Net Export is positive so it indicates that exports is greater than imports.

Going through the options, it is only option d that is equal to 4.5 and the export is greater than the import.

I hope my answer helps you

7 0
3 years ago
India is fast becoming a global center for which of the following? select one:
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3 years ago
The Sisyphean Company is considering a new project that will have an annual depreciation expense of $3.6 million. If Sisyphean's
castortr0y [4]

Answer:

$1,260,000

Explanation:

Given that,

Annual depreciation expense = $3.6 million

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